Dear All,
If on purchase, CST rate is NIL, is C Form required to be given ?
Regards
Mayur
17 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 19 January 2011
C Form is given and also charge cst 2 %
Ramesh Shah
(CA Final)
(228 Points)
Replied 19 January 2011
if CST rate is nill then C Form is not required.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14487 Points)
Replied 19 January 2011
CST rate NIL Form "C" required for CST exemption certificate. otherwise vat rate to be charge/recovered with interest
NARENDER PAWAR
(CA final Student)
(337 Points)
Replied 19 January 2011
when the rate of cst nil than not any Form C required
Pankaj Arora
(Learner)
(3134 Points)
Replied 19 January 2011
If cst is nil. Than only c form require.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14487 Points)
Replied 19 January 2011
if vat rate nil then cst rate Nil
ASHU SHARMA
(CA STUDENT)
(194 Points)
Replied 20 January 2011
CST rate NIL Form "C" required for CST exemption certificate. otherwise vat rate to be charge/recovered with interest.
Agree with Mr.Singh
imran
(article assistant)
(32 Points)
Replied 20 January 2011
CST OR LOCAL RATE IS NIL THEN NO REUIREMENT OF C FORM BECAUSE NON RECEIVING OF C FORM BY THE SELLER IS ATTRACTED VAT LIABILITY AS PER LOCAL RATE THEN IF LOCAL VAT RATE IS NIL VAT LIABILITY IS ALSO NIL OF SELLER SO IT IS NO REQUIRED TO SUBMIT C FORM
Mayur Khetshi Nisar
(Practice)
(139 Points)
Replied 20 January 2011
Thanks everybody...
Regards
Mayur
sitaram
(Executive Accounts)
(136 Points)
Replied 02 February 2011
if cst is nil it is require to issue c form, if c form is not received then vat charged at local rate
jyoti
(accounts executive)
(21 Points)
Replied 07 February 2011
if c.st is nil, then c.s.t form nil to be attached for c.st exemption, otherwise vat is to be collect
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